More U.S. homes started on the foreclosure path in July, as lenders tackled a backlog of mortgages gone unpaid even as they pulled back on home repossessions. The number of homes that received an initial notice of default — the ...

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Maryland continues to stay below the national rate of foreclosure home sales, with such properties accounting for about 13 percent of all homes sold in the state in the first quarter. Nationally, homes in some stage of foreclosure or bank-owned ...

Tagged with: Foreclosures home sales loans maryland mortgages Real Estate RealtyTrac short sale

When we go to a closing, the settlement officer often explains to the buyer the terms of their mortgage and the buyer’s responsibilities regarding their loan. In a nutshell, you usually hear those terms described with this phrase, “If you ...

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WASHINGTON — The number of people who bought previously occupied homes fell in July for the third time in four months. This year is on pace to be the worst in 14 years for home sales, as more Americans worry ...

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In many parts of Maryland, the housing market is beginning to heal. Especially for the perimeter of Washington, D.C., popular benchmarks like the Case-Shiller Home Price Index have shown consistent improvement for some time now. The D.C. area continues to ...

Tagged with: Bob and Donna McWilliams foreclosure housing loan market maryland mortgage realities of real estate Recession short sale